G Pay Payment Gateway-Exploring Payment Gateway Fees： How Much Do Indian Payment Gateways Charge for Transactions？

Payment gateways in India typically charge merchants a combination of fixed and variable fees for processing transactions. These fees can vary depending on the payment gateway provider, the type of transaction (domestic or international), the volume of transactions, and the type of merchant account. Here’s a general idea of the fee structures for some of the popular payment gateways in India as of my last update:

1. **Razorpay**:

– Transaction fee: 2% per transaction for domestic cards, with a minimum fee of ₹30.

– American Express transactions may have a higher fee.

– International cards: 3% per transaction.

– There might be a one-time setup fee and a monthly fee depending on the plan chosen.

2. **Paytm**:

– Transaction fee: Typically around 1.75% per transaction for domestic transactions.

– There could be a fixed fee for transactions below a certain amount.

– Additional charges may apply for specific services like EMI transactions.

3. **CCAvenue**:

– Transaction fee: Can range from 1.25% to 2.5% per transaction depending on the transaction volume and the type of card.

– There may be a one-time setup fee and a monthly maintenance fee.

4. **PayU**:

– Transaction fee: Generally around 2% per transaction for domestic cards.

– There could be a fixed fee for transactions below a certain amount.

– International transactions may have a higher fee.

5. **Stripe**:

– Transaction fee: 2.9% + ₹30 for domestic transactions.

– For international cards, the fee is 3.5% + ₹30.

– There are no setup fees or monthly charges.

6. **MobiKwik**:

– Transaction fee: Can vary but is generally around 1.99% per transaction.

7. **Amazon Pay**:

– Transaction fee: Can range from 1.75% to 2.5% per transaction.

– There may be additional fees for specific services.

Please note that these fees are subject to change and can be different based on the specific plan or agreement a merchant has with the payment gateway provider. Additionally, there may be other charges such as:

– **Set-up fees**: A one-time fee for initializing the payment gateway service.

– **Monthly fees**: A recurring charge for using the payment gateway service.

– **Refund fees**: Fees for processing refunds.

– **Chargeback fees**: Fees incurred if a transaction is disputed by the cardholder.

It’s important for merchants to carefully review the fee structure of any payment gateway they are considering to understand all potential costs. Many payment gateways offer different plans tailored to the needs of small businesses, medium-sized businesses, and large enterprises, so the fees can vary significantly. Always check the latest pricing directly with the payment gateway provider for the most accurate and up-to-date information.